MTR Gaming receives license for Pa. horse racing

MichaelBaron

MTR Gaming
mntg
is rising 53 cents, or 6 percent, to $9.36, after the Chester, W. Va., firm disclosed that its Presque Isle Downs unit received a license from the Pennsylvania State Horse Racing Commission to conduct horse racing and parimutuel wagering in Erie, Pa. The company hopes to have a facility ready for the 2004 racing season.

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